2 sources
Honey loses 7 million users and merchant partners after YouTuber's expose
Browser extension Honey lost approximately 7 million users and 7,000 merchant partners following a viral investigation by YouTuber MegaLag, amid ongoing legal scrutiny of parent company PayPal.
Key points
- Honey is a coupon browser extension acquired by PayPal in 2020 for $4 billion.
- YouTuber MegaLag's 2024 investigation into Honey's practices went viral.
- The extension lost approximately 7 million Chrome users after the expose.
- Around 7,000 merchant partners also severed ties with Honey.
- PayPal faces a creator lawsuit currently in the discovery phase.